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aicautos aicautos is offline
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Join Date: Mar 2004
Location: Southeastern Pennsylvania
Posts: 373
"Market Numbers"

In reference to the Hagerty article...Total dollar amounts sold from one year to the next, have nothing to do with actual vehicle value going up or down...Remember how many thought that Hagerty values were pie in the sky in recent years? This data was gathered the same way...Without individual hands on assessment of the cars in question... With no regard for the Euro to Dollar decline, or the political **** storm the world has gone through the past 7 months.
It's like in many dealerships, the Inventory Management Software tells you to wholesale that convertible because it's 180 days old....Without any regard to the logical fact that its February here in the Northeast, and in another 45 days it'll increase about 2G's!
There are of course others in the business who use their vast experience and logic to manage inventory. We have seen fewer cars on market, but considering the exchange rate, politics, and weather, its understandable, As for values, as always Feb & March will bring out aggressive Spring buying by the "smart" dealers, thereby increasing the prices. In other words, the snowball has stopped rolling, and its business as usual.
Old 02-02-2017, 07:55 AM
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